Property Research Topic
Costs, Taxes & Ongoing Budget Page 2
Look beyond the purchase price and build a realistic budget for transfer, legal work, insurance, utilities, maintenance and management.
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Answers About Costs, Taxes & Ongoing Budget Page 2
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Budget for land and building tax where applicable, insurance, utilities, internet, security, common or management fees, pool care, garden care, air-conditioning service, pest prevention, repairs and periodic repainting or roof work. Rental owners also need cleaning, linen, guest support, commissions, accounting and tax. Ask for real historical bills rather than using a seller’s round-number estimate. This is general educational information, not legal, tax …
2025-11-16 Is stamp duty payable on leases?The Revenue Department’s stamp-duty schedule includes leases of land and buildings. The amount depends on rent, key money and lease period, and the responsible party should be identified. Registration fees and other taxes can also arise. A long lease should be reviewed and costed as a complete transaction rather than treating stamp duty as the only expense. This is general educational information, not legal, tax or financial advice. Property structures, ta…
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